Overview
What is Impact Community Action Partnership Inc?
Impact Community Action Partnership Inc, situated in Des Moines, Iowa, is a nonprofit organization dedicated to addressing the essential needs of families experiencing poverty. They administer the Tenant-Based Rental Assistance (TBRA) program, which is crucial due to the long waiting list for HUD vouchers. The TBRA program offers rental and utility assistance to eligible individuals, benefiting 96 low-income individuals in 25 households. Their housing programs, funded by the Department of Treasury, Polk County, City of Des Moines, and HUD via the Iowa Finance Authority, have helped 8,927 households and 26,767 individuals. By increasing access to essential needs, Impact Community Action Partnership Inc strives to minimize the barriers and burdens that families in poverty face.
Official website here: www.impactcap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Impact Community Action Partnership Inc has received a solid Three-Star rating from Charity Navigator, reflecting a good level of accountability and financial performance. The organization boasts a commendable program expense ratio of 98.59%, indicating that nearly all funds are directed toward its programs rather than administrative costs. The charity's financial oversight is robust, with an independent board comprising 100% independent members who actively engage in maintaining the integrity of the organization.
The charity excels in governance and has established strong policies, including conflict of interest and whistleblower policies, further enhancing its credibility. The transparency of its operations is evidenced by the availability of necessary documents, such as board meeting minutes and tax forms, on its website. This level of openness is a positive aspect noted in user feedback.
However, while the financial metrics are strong, continued efforts to maintain and improve community engagement and feedback mechanisms could further strengthen the organization's impact. Overall, the rating and feedback suggest that Impact Community Action Partnership Inc is a trustworthy and effective nonprofit organization delivering valuable services to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Community Action Partnership Inc legitimate?
Impact Community Action Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Community Action Partnership Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $491,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,862,572
For more financial information, click here
Official website here: www.impactcap.org
What is the mission statement of Impact Community Action Partnership Inc?
Impact Community Action Partnership Inc strives to alleviate the challenges faced by families living in poverty by expanding their access to essential needs. Their mission is centered around reducing the barriers and burdens that these families encounter. Through their Tenant-Based Rental Assistance (TBRA) and housing programs, they offer assistance with rental payments and utilities to individuals meeting low-income and HUD guidelines. Due to the extensive waiting list for HUD vouchers, this program is of significant importance, benefiting 96 low-income individuals in 25 households. The organization's housing programs are funded via the Department of Treasury and HUD, assisting a substantial number of 8,927 households and 26,767 individuals.
Official website here: www.impactcap.org
Who is the CEO of Impact Community Action Partnership Inc?
Thomas Ahart is the Chairperson of Impact Community Action Partnership Inc. The CEO's salary of Impact Community Action Partnership Inc is $133,692 and their total compensation is $166,200.
Official website here: www.impactcap.org
What is the revenue of Impact Community Action Partnership Inc?
Impact Community Action Partnership Inc's revenue in 2022 was $72,555,053.
Official website here: www.impactcap.org
Who are the executives of Impact Community Action Partnership Inc and what are their salaries?
The average compensation at Impact Community Action Partnership Inc during 2022 was $31,944. There are 105 employees and 141 volunteers at Impact Community Action Partnership Inc.
Here are 17 key members and their salaries (Impact Community Action Partnership Inc's CEO's salary is $133,692 and their total compensation is $166,200):
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- Compensation: $133,692
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- Compensation: $124,927
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- Other: $35,267
Official website here: www.impactcap.org
Where can I find the form 990 for Impact Community Action Partnership Inc?
Impact Community Action Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.impactcap.org
Learn more at the official website: www.impactcap.org
Mission Statement of Impact Community Action Partnership Inc
Impact Community Action Partnership Inc is a nonprofit organization dedicated to lessening the obstacles and hardships faced by families living in poverty by broadening their access to fundamental necessities. The group's primary objective revolves around the provision of essential services, including rental and utility assistance through their Tenant Based Rental Assistance (TBRA) program. This program, overseen by the Iowa Finance Authority, aids individuals who meet the low-income and HUD guidelines by offering financial assistance with rent and utilities. The significance of this program lies in the extended waiting list for HUD vouchers, making it a vital resource for 96 low-income individuals in 25 households.
In addition to the TBRA program, Impact Community Action Partnership Inc also manages housing programs, which are funded through various sources such as the Department of Treasury, Polk County, City of Des Moines, and the HUD via the Iowa Finance Authority. These programs have benefited an impressive 8,927 households and 26,767 individuals, making a substantial impact on the lives of many. By providing financial support, the organization enables families to focus on other essential aspects of their lives, ultimately improving their overall well-being.
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Impact
October, 2024
Impact Community Action Partnership Inc significantly alleviates the challenges faced by families in poverty by enhancing their access to essential resources. Through programs like Tenant Based Rental Assistance (TBRA) and various housing initiatives, the organization addresses critical needs such as rental and utility support.
The TBRA program, overseen by the Iowa Finance Authority, offers vital assistance to low-income individuals who qualify under HUD guidelines, especially important given the lengthy waitlists for HUD vouchers. This initiative has positively impacted 96 low-income individuals across 25 households.
Additionally, their housing programs, funded by the Department of Treasury and supported by entities such as Polk County and the City of Des Moines, have benefited a remarkable 8,927 households and 26,767 individuals. By reducing barriers and burdens, Impact Community Action Partnership Inc plays a crucial role in fostering community improvement and enhancing the quality of life for those in need in Des Moines, IA.
This information is meant to be a general summary of Impact Community Action Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $52,427
- Program Service Revenue: $795,716
- Gross Receipts: $72,555,053
Assets and Liabilities:
- Total Assets: $20,631,537
- Total Liabilities: $19,717,114
- Net Assets: $914,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WEATHERIZATION PROGRAMS
Revenue
$283,119
TBRA
Revenue
$176,518
I-CARE PROGRAMS
Revenue
$52,479
Organization Details
Founding Year
1976
Phone
(515) 274-1341Principal Officer
Thomas Ahart
Main Address
3226 UNIVERSITY AVENUE, DES MOINES, IA, 50311
Website
www.impactcap.orgNTEE Category
Code: S20 - Community improvement
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